Cryptocurrency Category: Coin
The ProblemLive video streaming of today1 Poor QualityToday’s content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world.2 Sky rocketing data needsUsers demand 4k, 8k, and higher quality streams create infrastructure bottleneck.3 Centralized and inefficient systemThe centralized nature means less revenue flows back to content creators and platforms.Viewers get low-quality streams and few rewards today. Centralized CDNs reap most of the rewards.
The SolutionDecentralized peer-to-peer video delivery. A new native blockchain. Powered by users.1 Viewers earn rewards as Theta FuelFor sharing excess bandwidth and resources, viewers are now rewarded to participate in the network.2 Higher quality, smoother video streamingA decentralized peer-to-peer network delivers streams efficiently globally.3 Reduced cost of delivering video streamsVideo platforms no longer need to build expensive infrastructure, means more innovation and unique business models.In the end, users benefit by sharing their bandwidth and building a community. Content creators and platforms all earn more with lower streaming costs.
Open Source Platform1 Open-source network & protocolOpen to all developers and partners to build on the Theta network.2 Decentralized Apps (Dapps)Video platforms and content providers can build specialized Dapps for their audience.3 Multiple content verticalsFrom esports, music, TV and movies to distance learning and peer to peer live streaming. Power the next generation entertainment.